GIR East Community Development District Meeting Agenda May 7, 2025 AGENDA GIR East Community Development District 219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526 April 30, 2025 Board of Supervisors GIR East Community Development District Dear Board Members: The regular meeting of the Board of Supervisors of GIR East Community Development District will be held on Wednesday, May 7, 2025 at 3:00 PM, at 3850 Canoe Creek Road, Saint Cloud, FL. Following is the advance agenda for the meeting: 1. Roll Call 2. Public Comment Period 3. Approval of Minutes of the March 5, 2025 Meeting 4. Consideration of Resolution 2025-06 Approving the Proposed Fiscal Year 2026 Budget and Setting a Public Hearing 5. Consideration of Resolution 2025-07 Ratifying the Sale of Series 2025 Bonds 6. Staff Reports A. Attorney B. Engineer C. District Manager’s Report i. Balance Sheet and Income Statement ii. Ratification of Funding Request #41 - #42 iii. Presentation of Number of Registered Voters – 0 (Added) iv. Designation of November 4, 2025 as the Landowners’ Meeting Date 7. Other Business 8. Supervisor’s Requests 9. Adjournment The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please contact me. Sincerely, George S. Flint George S. Flint District Manager Cc: Alyssa Willson, District Counsel Strickland Smith, District Engineer Enclosures MINUTES MINUTES OF MEETING GIR EAST COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the GIR East Community Development District was held Wednesday, March 5, 2025 at 3:00 p.m. at 3850 Canoe Creek Road, Saint Cloud, Florida. Present and constituting a quorum were: Mike Liquori Chairman Rob Bonin Assistant Secretary Chancy Summers Assistant Secretary Also present were: George Flint District Manager Michelle Rigoni District Counsel Strickland Smith by phone District Engineer Cynthia Wilhelm Bond Counsel FIRST ORDER OF BUSINESS Roll Call Mr. Flint called the meeting to order and called the roll. Three Supervisors were present constituting a quorum. SECOND ORDER OF BUSINESS Public Comment Period Mr. Flint noted there were no members of the public present other than Board and staff. THIRD ORDER OF BUSINESS Approval of Minutes of the December 4, 2024 Meeting Mr. Flint presented the minutes from the December 4, 2024 meeting and asked for any comments or corrections. The Board had no changes to the minutes. On MOTION by Mr. Liquori, seconded by Ms. Summers, with all in favor, the Minutes of the December 4, 2024 Meeting, were approved, as presented. March 5, 2025 GIR East CDD 2 FOURTH ORDER OF BUSINESS Consideration of Assessment Area One, Series 2025 Bonds Financing Items A. Presentation of Final Supplemental Assessment Methodology Report for Assessment Area One Mr. Flint noted the bonds have been priced and a preliminary version of the methodology was approved when the Board approved the Delegation Resolution that was used in the Preliminary Offering Memorandum. Now that the bonds have been priced, the report has been updated for the actual terms of the pricing. Table 1 shows 811 units with a mix of townhomes and single-family products with ERU factors assigned. Table 2 reflects infrastructure, cost estimates from the Engineer’s Report totaling $34,190,612. Table 3 is the bond sizing that has been priced. There is an average coupon rate of 5.41%, 30-year amortization, no capitalized interest, debt service reserve is 50% max annual debt, and an underwriter’s discount of 2%. The par amount is $19,410,000 and of that $18,125,000 is construction funds. Table 4 shows the allocation of benefit based on the improvement cost. Table 5 shows allocation of benefit based on the par debt. Table 6 shows the net and gross annual assessments per unit per product type. The gross reflects what would be on the tax bill. Table 7 is the preliminary assessment roll. There was an error on DFC Waterlin, LLC exhibit C. Mr. Flint noted this report does reflect the corrected legal description however the acreage is slightly off. Ms. Rigoni asked Mr. Flint if the lands subject to the Series 2025 assessments receive special benefits from the Assessment Area One project. Mr. Flint answered yes. Ms. Rigoni asked will the special benefits the lands will receive be equal to or in excess of the Series 2025 assessments levied? Mr. Flint answered yes. On MOTION by Mr. Liquori, seconded by Ms. Summers, with all in favor, the Final Supplemental Assessment Methodology Report for Assessment Area One, was approved in substantial form subject to updating the DreamFinders acreage. B. Consideration of Resolution 2025-05 Supplemental Assessment Resolution Ms. Rigoni noted this amends and supplements the previous Resolution 2025-04 to apply the terms for the 2025 bonds. On MOTION by Mr. Liquori, seconded by Ms. Summers, with all in favor, Resolution 2025-05 Supplemental Assessment Resolution, was approved. March 5, 2025 GIR East CDD 3 C. Consideration of Supplemental Notice of Imposition Ms. Rigoni noted this is provided for informational purposes, no action is needed. FIFTH ORDER OF BUSINESS Ratification of Data Sharing and Usage Agreement with the Osceola County Property Appraiser Mr. Flint stated this agreement is for purposes of using the tax bill as the collection method for the O&M and debt assessments. On MOTION by Mr. Liquori, seconded by Ms. Summers, with all in favor, the Data Sharing and Usage Agreement with the Osceola County Property Appraiser, was ratified. SIXTH ORDER OF BUSINESS Staff Reports A. Attorney Ms. Rigoni provided an update on the Stewardship District bill. B. Engineer Mr. Smith had nothing additional to report. C. District Manager’s Report i. Balance Sheet and Income Statement Mr. Flint presented the unaudited financials through December 31st. No action is required. ii. Ratification of Funding Requests #37 – #40 Mr. Flint asked for ratification of funding requests #37 - #40. These requests have been transmitted to the developer under the funding agreement. On MOTION by Mr. Liquori, seconded by Ms. Summers, with all in favor, Funding Requests #37-#40, were ratified. SEVENTH ORDER OF BUSINESS Other Business Mr. Flint asked for any other business. Hearing no comments, the next item followed. EIGHTH ORDER OF BUSINESS Supervisors Requests There being no comments, the next item followed. NINTH ORDER OF BUSINESS Adjournment March 5, 2025 GIR East CDD 4 On MOTION by Mr. Liquori, seconded by Ms. Summers, with all in favor, the meeting was adjourned. Secretary/Assistant Secretary Chairman/Vice Chairman SECTION IV 4931-8859-3980.1 RESOLUTION 2025-06 [FY 2026 BUDGET APPROVAL RESOLUTION] A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE GIR EAST COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGET(S) FOR FY 2026; SETTING A PUBLIC HEARING THEREON AND DIRECTING PUBLICATION; ADDRESSING TRANSMITTAL AND POSTING REQUIREMENTS; ADDRESSING SEVERABILITY AND EFFECTIVE DATE. WHEREAS, for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“FY 2026”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the GIR East Community Development District (“District”) prior to June 15, 2025, the proposed budget(s) attached hereto as Exhibit A (“Proposed Budget”); and WHEREAS, the Board now desires to set the required public hearing on the Proposed Budget. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE GIR EAST COMMUNITY DEVELOPMENT DISTRICT: 1. PROPOSED BUDGET APPROVED. The Proposed Budget attached hereto as Exhibit A is hereby approved preliminarily. 2. SETTING A PUBLIC HEARING; DIRECTING PUBLICATION. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, time, and location, and District staff is directed to provide notice of the same in accordance with Florida law: DATE: August 6, 2025 TIME: 3:00 PM LOCATION: Offices of Gentry Land Company 3850 Canoe Creek Road St. Cloud, Florida, 34772 3. TRANSMITTAL TO LOCAL GENERAL PURPOSE GOVERNMENT; POSTING OF PROPOSED BUDGET. The District Manager is hereby directed to (i) submit a copy of the Proposed Budget to the applicable local general-purpose government(s) at least 60 days prior to its adoption, and (ii) post the approved Proposed Budget on the District’s website in accordance with Chapter 189, Florida Statutes. 4. SEVERABILITY; EFFECTIVE DATE. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof. This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED THIS 7th DAY OF MAY 2025. ATTEST: GIR EAST COMMUNITY DEVELOPMENT DISTRICT _____________________________ Secretary / Assistant Secretary Chair/Vice Chair, Board of Supervisors Exhibit A: Proposed Budget Community Development District Proposed Budget FY2026 GIR East 1 2-4 Table of Contents General Fund General Fund Narrative GIR East Community Development District Proposed Budget General Fund Adopted Actual Description FBYu2d0g2e5t 3/T3h1r/u25 P6r MoNjoeenxctttehds P9r/oT3joe0tca/tl2ed5 PFBrYou2pd0ogs2ee6td DReevveelnoupeesr Contributions $ 143,628 $ 38,128 $ 35,636 $ 73,764 $ 145,868 Total Revenues $ 143,628 $ 38,128 $ 35,636 $ 73,764 $ 145,868 Expenditures General & Administrative Supervisor Fees 12,000 $ 1,000 $ 2,000 $ 3,000 $ 12,000 $ FICA Expenditures 918 $ 77 $ 153 $ 230 $ 918 $ Engineering 15,000 $ - $ 3,750 $ 3,750 $ 15,000 $ Attorney 25,000 $ 2,984 $ 4,500 $ 7,484 $ 25,000 $ Annual Audit 3,500 $ - $ 3,500 $ 3,500 $ 3,600 $ Assessment Administration 5,000 $ - $ - $ - $ 5,000 $ Artbitrage 450 $ - $ - $ - $ 450 $ Dissemination 5,000 $ - $ - $ - $ 5,000 $ Trustee Fees 4,500 $ - $ - $ - $ 4,500 $ Management Fees 40,000 $ 20,000 $ 20,000 $ 40,000 $ 41,200 $ Information Technology 1,800 $ 900 $ 900 $ 1,800 $ 1,854 $ Website Maintenance 1,200 $ 600 $ 600 $ 1,200 $ 1,236 $ Telephone 300 $ - $ 50 $ 50 $ 300 $ Postage & Delivery 1,000 $ 37 $ 13 $ 50 $ 1,000 $ Insurance 5,500 $ 5,200 $ - $ 5,200 $ 6,350 $ Printing & Binding 1,000 $ 6 $ 40 $ 46 $ 1,000 $ Legal Advertising 15,000 $ 6,360 $ 500 $ 6,860 $ 15,000 $ Other Current Charges 5,000 $ 205 $ 204 $ 409 $ 5,000 $ Office Supplies 625 $ 0 $ 10 $ 10 $ 625 $ Travel Per Diem 660 $ - $ - $ - $ 660 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total Expenditures 143,628 $ 37,544 $ 36,220 $ 73,764 $ 145,868 $ Excess Revenues/(Expenditures) - $ 584 $ (584) $ - $ - $ GIR East Community Development District General Fund Narrative Revenues: Developer Contributions The District will enter into a funding agreement with the Developer expenditures for the Fiscal Year. to fund the General Fund Expendi tures: General & Administrative: Supervisor Fees $C4h,a8p0t0e rp 1e9r 0y,e Falro priadiad Stota etuactehs S, ualploewrvsi sfoorr feoarc hth Beo taimrde m deevmobteedr ttoo rDeicsetirvicet $ b2u0s0in peesrs manede tminege, tninogt sto. exceed FICA Expenditures SRuepperervseisnotrss cthhee cEksm. ployer’s share of Social Security and Medicare taxes withheld from Board of Engineering opTfrh eSepu Dapiresarttrv iioicsnto' srfo se ran mngdion tnehteehr l Dwy iibsltlo rbaicretd p M mroaevneiadtgiinengrgs. g, reenveireawl e inngvionieceesr ianngd s evravriicoeuss t por tohjee cDtsis atrsi cdti,r ee.cgt.e adt tbeyn dthaen cBeo aanrdd Attorney pTBrhoeaepr Dadri osatftr iSoicuntp 'sfeo rlrev gimsaole recsot aiunnngdss e,t hlp ewr eDiplilas btrreai tcpitor Mno vaainndading egrer g.v eienwer aolf laeggrael esmerevnictse,s rteos othluet iDoinsst,r iecttc, .e a.gs. datirteenctdeadn cbey atnhde oATnnh nea unDa ials nAt rnuiucdati tli sb aresiqsu. ired by Florida Statutes to arrange for an independent audit of its financial records aATsshsseee ssDssmiasbte rlneitc ptA rdwompileiln rcitosytn rwtaritatihocitnn t oth lee Dvyis tarnicdt .a dminister the collection of non-ad valorem assessment on all Arbitrage TDhiset rDicits’ts r Aicrtb witrilalg ceo Rnetrbaactte wLiiatbhi laitny ionnd aenp eanndtiecnipt acteerdt ibfioendd p isusbulaicn caec.c ountant to annually calculate the GIR East Community Development District General Fund Narrative aTDwnhihstesiic ceDhimpi rsianett raleaidtctit eob sinos t norde a qidsusdiuriteaidno ncbeay.l trheep oSretcinugri trye qaunidre Emxechnatsn gfoer Cuonmramteisds bioonn dto i scsoumeps.l yT hwisit cho Rstu ilse b1a5sce2d- 1u2p(obn)( a5n) TTrhues Dteies tFreicets will incur trustee related costs with the issuance of its’ issued bonds. Management Fees pnTArohgetre pe Daelirmmiasettirtinoeictdn tw , ratietlolhc , fe iGinrvoeaevcnsoec rrMidnalaim nrngeea npgtoaearnmlt dsMe ,n aattrnn, anaAngucseaccmlor aiuepunntdtitoii nStnseg ,r eaovtnifcc d.e b sAo-Cadremdni tnrmiaslet rFealtotinirvgieds a,s , eaLrdLvmCic.i eTnsih saets rs aeptriavvreitc eossfe iarnv cMilcuaedns,ea gbbeuumtd aegrneett iIFRAmnledofppoorrrlbiedmeemsa,a e,Me tninLiotctLsnar C otvT isaoeforoncifhr ot nauOtnoshfld feoci c gopeDysr, t ioe sotgtcrfr. ia cinmt fmosurimcnhga tafioosnr v ftiredaceuhodn ocploorngofytee rwcetniitochnin ,G gao, cvcceloorununmdt iensntgto arsla ogMfetaw naaanrgdee, msteaerbnvltee trSsse ,r fvopiroc esmist-ieCveeetn inptrgaasyl, Website Maintenance SuRmtpeoadptnuariettteoessesr,.in ndtTgsoh ctaeuhnsmeed ec smnoestar tuvisnp icwtleaoisiatn hdii snnG,gc ohl uvothedsertein nDmsgii tesaetnn rtdipac eldt ’rMosf omawrnameaibnags nerimecteene ecnawrtse asSaelestse,rs vdwmi ecieenbns st ais–tc,e cC sobeerancdcutkarrnuaitlcp yesF ,l awoentricidtd.h a f,iC rLheLawCpa tlaels rs mo1ac8ii9na,tt eeFdnlo awrniicdteha, Telephone Telephone and fax machine. Postage & Delivery cTohrer eDspisotnridcet nicnec, uertsc . charges for mailing of Board meeting agenda packages, overnight deliveries, Insurance The District’s general liability and public official’s liability insurance coverages. Printing & Binding ePnrivnetlionpge asn, edt cB.i nding agenda packages for board meetings, printing of computerized checks, stationary, Legal Advertising aT hnee wDissptaripcet ri so rf egqeunierreadl tcoir acduvlaetriotinse. various notices for monthly Board meetings, public hearings, etc. in GIR East Community Development District General Fund Narrative Other Bank cChuarrrgeenst aCnhda ragneys o ther miscellaneous expenses incurred during the year. Office Supplies lAanbye lssu, pppaplieers cthliapts m, eatcy. need to be purchased during the fiscal year, e.g., paper, minute books, file folders, Travel Per Diem bTuhsei nBeosasr.d of Supervisors can be reimbursed for travel expenditures related to the conducting of District Dues, Licenses & Subscriptions $T1h7e5 D. iTsthriisc ti si sth ree qounilrye edx ptoe npsaey u annd earn tnhuias lc faetee gtoor yth feo rF tlohrei dDais Dtreicpta. rtment of Economic Opportunity for SECTION V 1 4905-8067-0241.2 RESOLUTION 2025-07 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE GIR EAST COMMUNITY DEVELOPMENT DISTRICT RATIFYING, CONFIRMING, AND APPROVING THE SALE OF THE GIR EAST COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE BONDS, SERIES 2025 (ASSESSMENT AREA ONE); RATIFYING, CONFIRMING, AND APPROVING THE ACTIONS OF THE CHAIRMAN, VICE CHAIRMAN, TREASURER, SECRETARY, ASSISTANT SECRETARIES, AND ALL DISTRICT STAFF REGARDING THE SALE AND CLOSING OF THE BONDS; DETERMINING SUCH ACTIONS AS BEING IN ACCORDANCE WITH THE AUTHORIZATION GRANTED BY THE BOARD; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the GIR East Community Development District (“District”), is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and WHEREAS, the District previously adopted resolutions authorizing the issuance and the negotiated sale of bonds within the scope of Chapter 190, Florida Statutes, including its Capital Improvement Revenue Bonds, Series 2025 (Assessment Area Ones), in the par amount of $19,410,000 (“Series 2025 Bonds”); and WHEREAS, the District previously adopted a resolution authorizing the finalization of the debt assessment lien securing the Series 2025 Bonds, including but not limited to authorization to finalize the supplemental engineer’s report and supplemental assessment report; and WHEREAS, the District closed on the sale of the Series 2025 Bonds on March 7, 2025; and WHEREAS, as prerequisites to the issuance of the Series 2025 Bonds, the Chairman, Vice Chairman, Treasurer, Assistant Secretaries, and District Staff including the District Manager, District Financial Advisor, and District Counsel were required to execute and deliver various documents (“Closing Documents”); and WHEREAS, the District desires to ratify, confirm, and approve all actions of the District Chairman, Vice Chairman, Treasurer, Assistant Secretaries, and District Staff in connection with closing the sale of the Series 2025 Bonds. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE GIR EAST COMMUNITY DEVELOPMENT DISTRICT: SECTION 1. The sale, issuance, and closing of the Series 2025 Bonds is in the best interests of the District. SECTION 2. The issuance and sale of the Series 2025 Bonds, the adoption of resolutions relating to such bonds, the agreements entered into with respect to the issuance of such bonds, 2 4905-8067-0241.2 and all actions taken in the furtherance of the closing on such bonds, are hereby declared and affirmed as being in the best interests of the District and are hereby ratified, approved, and confirmed. SECTION 3. The actions of the Chairman, Vice Chairman, Treasurer, Secretary, Assistant Secretaries, and all District Staff in finalizing the closing and issuance of the Series 2025 Bonds, including but not limited to: (1) the execution and delivery of the Closing Documents, (2) the exercise of all authority granted pursuant to Resolution 2025-03 which authorized the issuance of the Bonds, (3) the exercise of all authority pursuant to, and finalization of, Resolution 2025-05 which confirmed the maximum assessment lien securing the Bonds, and (4) the execution and delivery of such other certifications or other documents required for the closing on the Series 2025 Bonds, are determined to be in accordance with the prior authorizations of the Board and are hereby ratified, approved, and confirmed in all respects, and Resolutions 2025- 03 and 2025-05 on file with the District Manager and as included in the transcript for the Series 2025 Bonds are hereby determined to be in final form. SECTION 4. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect. SECTION 5. This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed. PASSED AND ADOPTED this 7th day of May 2025. ATTEST: GIR EAST COMMUNITY DEVELOPMENT DISTRICT _____________________________ ________________________________________ Secretary / Assistant Secretary Chairperson, Board of Supervisors SECTION VI SECTION C SECTION 1 GIR East Community Development District Unaudited Financial Reporting March 31, 2025 1234 Month to Month Table of Contents Balance Sheet General Fund Capital Projects Fund GIR East Community Development District Combined Balance Sheet March 31, 2025 General Capital Projects Total Fund Fund Governmental Funds CPADrasuOessepphe fea:trsrioda:mt Ein xDgpe Aevncecdlooiputuenrrtes $$$ 1 5 5 ,,15 -4507 $$$ --- $$$ 1 55 ,, 15 -4507 Total Assets $ 20,697 $ - $ 20,697 Liabilities: FCAIcoCcnoAtu rPanactytssa P bPalaeyyaabblele $$$ 8 ,5 - 6311 $$$ --- $$$ 8 , 5 - 6311 Total Liabilites $ 8,592 $ - $ 8,592 Fund Balance: UNnoDnaesspspoiegsnnitdesd aabnlde: Prepaid Items $$ 1 2 ,1 -05 $$ -- $$ 1 2 , 1 -05 Total Fund Balances $ 12,105 $ - $ 12,105 Total Liabilities & Fund Balance $ 20,697 $ - $ 20,697 GIR East Community Development District General Fund Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending March 31, 2025 Adopted Budget PTrhorrua t0e3d/ B3u1d/g2e5t ThruA 0c3tu/a3l1/25 Variance Revenues: Developer Contributions $ 143,628 $ 38,128 $ 38,128 $ - Total Revenues $ 143,628 $ 38,128 $ 38,128 $ - Expenditures: General & Administrative: Supervisor Fees 12,000 $ 6,000 $ 1,000 $ 5,000 $ FICA Expenditures 918 $ 459 $ 77 $ 383 $ Engineering 15,000 $ 7,500 $ - $ 7,500 $ Attorney 25,000 $ 12,500 $ 2,984 $ 9,516 $ Annual Audit 3,500 $ - $ - $ - $ Assessment Administration 5,000 $ - $ - $ - $ Arbitrage 450 $ - $ - $ - $ Dissemination 5,000 $ - $ - $ - $ Trustee Fees 4,500 $ - $ - $ - $ Management Fees 40,000 $ 20,000 $ 20,000 $ - $ Information Technology 1,800 $ 900 $ 900 $ - $ Website Maintenance 1,200 $ 600 $ 600 $ - $ Telephone 300 $ 150 $ - $ 150 $ Postage & Delivery 1,000 $ 500 $ 37 $ 463 $ Insurance 5,500 $ 5,500 $ 5,200 $ 300 $ Printing & Binding 1,000 $ 500 $ 6 $ 494 $ Legal Advertising 15,000 $ 7,500 $ 6,360 $ 1,140 $ Other Current Charges 5,000 $ 2,500 $ 205 $ 2,295 $ Office Supplies 625 $ 313 $ 0 $ 312 $ Travel Per Diem 660 $ 330 $ - $ 330 $ Dues, Licenses & Subscriptions 175 $ 175 $ 175 $ - $ Total Expenditures 143,628 $ 65,427 $ 37,544 $ 27,883 $ Excess (Deficiency) of Revenues over Expenditures - $ 584 $ Fund Balance - Beginning - $ 11,520 $ Fund Balance - Ending - $ 12,105 $ GIR East Community Development District Capital Projects Fund Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending March 31, 2025 Adopted Budget PTrhorrua t0e3d/ B3u1d/g2e5t ThruA 0c3tu/a3l1/25 Variance Revenues: Developer Advancements $ - $ - $ 58 $ 58 Total Revenues $ - $ - $ 58 $ 58 Expenditures: General & Administrative: Capital Outlay - COI $ - $ - $ 58 $ (58) Total Expenditures $ - $ - $ - $ - Excess (Deficiency) of Revenues over Expenditures $ - $ 58 Fund Balance - Beginning $ - $ - Fund Balance - Ending $ - $ 58 GIR East Community Development District Oct Nov Dec Jan Feb March April May June July Aug Sept Total Revenues: Developer Contributions $ 3,761 $ 639 $ 21,427 $ 3,877 $ 3,795 $ 4,628 $ - $ - $ - $ - $ - $ - $ 38,128 Total Revenues $ 3,761 $ 639 $ 21,427 $ 3,877 $ 3,795 $ 4,628 $ - $ - $ - $ - $ - $ - $ 38,128 Expenditures: General & Administrative: Supervisor Fees 600 $ - $ 200 $ - $ - $ 200 $ - $ - $ - $ - $ - $ - $ 1,000 $ FICA Expenditures 46 $ - $ 15 $ - $ - $ 15 $ - $ - $ - $ - $ - $ - $ 77 $ Engineering - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Attorney 1,321 $ 291 $ 724 $ 303 $ 346 $ - $ - $ - $ - $ - $ - $ - $ 2,984 $ Annual Audit - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Assessment Administration - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Arbitrage - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Dissemination - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Trustee Fees - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Management Fees 3,333 $ 3,333 $ 3,333 $ 3,333 $ 3,333 $ 3,333 $ - $ - $ - $ - $ - $ - $ 20,000 $ Information Technology 150 $ 150 $ 150 $ 150 $ 150 $ 150 $ - $ - $ - $ - $ - $ - $ 900 $ Website Maintenance 100 $ 100 $ 100 $ 100 $ 100 $ 100 $ - $ - $ - $ - $ - $ - $ 600 $ Telephone - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Postage & Delivery 1 $ 14 $ - $ - $ 4 $ 18 $ - $ - $ - $ - $ - $ - $ 37 $ Insurance 5,200 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 5,200 $ Printing & Binding 2 $ 0 $ - $ 3 $ - $ - $ - $ - $ - $ - $ - $ - $ 6 $ Legal Advertising 208 $ 5,944 $ - $ 208 $ - $ - $ - $ - $ - $ - $ - $ - $ 6,360 $ Other Current Charges 33 $ 33 $ 33 $ 33 $ 36 $ 36 $ - $ - $ - $ - $ - $ - $ 205 $ Office Supplies 0 $ 0 $ - $ - $ 0 $ 0 $ - $ - $ - $ - $ - $ - $ 0 $ Travel Per Diem - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Dues, Licenses & Subscriptions 175 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 175 $ Total Expenditures 11,169 $ 9,866 $ 4,556 $ 4,130 $ 3,969 $ 3,853 $ - $ - $ - $ - $ - $ - $ 37,544 $ Excess Revenues (Expenditures) (7,408) $ (9,228) $ 16,871 $ (253) $ (174) $ 775 $ - $ - $ - $ - $ - $ - $ 584 $ Month to Month SECTION 2 SECTION 3 SECTION 4 4882-8655-2645.1 LANDOWNER PROXY GIR EAST COMMUNITY DEVELOPMENT DISTRICT OSCEOLA COUNTY, FLORIDA LANDOWNERS’ MEETING – November 4, 2025 KNOW ALL MEN BY THESE PRESENTS, that the undersigned, the fee simple owner of the lands described herein, hereby constitutes and appoints (“Proxy Holder”) for and on behalf of the undersigned, to vote as proxy at the meeting of the landowners of GIR East Community Development District to be held at Gentry Land Company, 3850 Canoe Creek Rd., St. Cloud, FL 34772, on November 4, 2025, at 3:00 p.m. and at any adjournments thereof, according to the number of acres of unplatted land and/or platted lots owned by the undersigned landowner that the undersigned would be entitled to vote if then personally present, upon any question, proposition, or resolution or any other matter or thing that may be considered at said meeting including, but not limited to, the election of members of the Board of Supervisors. Said Proxy Holder may vote in accordance with his or her discretion on all matters not known or determined at the time of solicitation of this proxy, which may legally be considered at said meeting. Any proxy heretofore given by the undersigned for said meeting is hereby revoked. This proxy is to continue in full force and effect from the date hereof until the conclusion of the landowners’ meeting and any adjournment or adjournments thereof, but may be revoked at any time by written notice of such revocation presented at the landowners’ meeting prior to the Proxy Holder’s exercising the voting rights conferred herein. Printed Name of Legal Owner Signature of Legal Owner Date Print Name: Parcel Description Acreage Authorized Votes Total Number of Authorized Votes: NOTES: Pursuant to Section 190.006(2)(b), Florida Statutes (2022), a fraction of an acre is treated as one (1) acre entitling the landowner to one vote with respect thereto. Moreover, two (2) or more persons who own real property in common that is one acre or less are together entitled to only one vote for that real property. If the fee simple landowner is not an individual, and is instead a corporation, limited liability company, limited partnership or other entity, evidence that the individual signing on behalf of the entity has the authority to do so should be attached hereto (e.g., bylaws, corporate resolution, etc.). 4882-8655-2645.1 Attachment A Legal Description INSTRUCTIONS At the Board meeting, when the landowner’s election is announced, instructions on how landowners may participate in the election, along with a sample proxy, shall be provided. At a landowners meeting, landowners shall organize by electing a chair who shall conduct the meeting. The chair may be any person present at the meeting. If the chair is a landowner or proxy holder of a landowner, he or she may nominate candidates and make and second motions. Nominations are made from the floor. After all nominations are made, a ballot is distributed and votes are cast Each landowner is entitled to one vote for each acre he owns or portion of an acre. SAMPLE AGENDA 1. Determination of Number of Voting Units Represented 2. Call to Order 3. Election of a Chairman for the Purpose of Conducting the Landowners Meeting 4. Nominations for the Position of Supervisor 5. Casting of Ballots 6. Ballot Tabulation 7. Landowners Questions and Comments 8. Adjournment